AVZ Discussion 2022

[wombat74]

What these arseholes could be doing is selling themselves as a DRC/Chinese friendly alternative to the current BoD . Not to the benefit of the SH , but as a benefit to themselves and the DRC/Chinese. DRC holds off moving forward with current BoD until a result is known . Sneaky f--kers . Desperate measures

 

[tonster66]

Excuse my ignorance but can they do this? Nominate for board?

 

[Scoota30]

@Scoota30

View attachment 43857

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The pain that all of us have felt during this suspension, will hopefully be felt for the rest of time for our detractors after this eventually gets resolved. Rent Free in their heads!

 

[Mr Inappropriate]

 

[The Fox]

They're not sending their best
View attachment 43874

Rented out in 2013 FYI

Klaus's love shack?

 

[Chilla]

Excuse my ignorance but can they do this? Nominate for board?

You can nominate for an open board seat where a current director is retiring or nominating for re-election and so their position is open for shareholders to vote on. Last year the company gave notice of a board position being open to e nomination and only gave 5 days I think for nominations to be received.
Here in this case it looks like they are trying to replace the board with three new directors. This would require I believe a majority of shareholders voting in favour of that spill. That would open all board positions to new nominations which shareholders would vote on.
Seems like they are kicking the tyres to see how many might support them in such a move to 1. Get a motion up to spill the board at the AGM and 2. How likely would the support be to get their nominated persons elected.
The three nominations put forward here add no value to existing shareholders.
It’s a futile attempt by KE, likely with the backing of Cong and possibly Zijin, to get some control of AVZ because they know all their current attempts have failed to steal Manono from AVZ and they are Fucked.

 

[TheCount]

i know a dodgy accountant.....

Did I hear my name?

 

[kron]

They're not sending their best
View attachment 43874

So is this a long awaited pic of Klaus's house?

 

[Chilla]

You can nominate for an open board seat where a current director is retiring or nominating for re-election and so their position is open for shareholders to vote on. Last year the company gave notice of a board position being open to e nomination and only gave 5 days I think for nominations to be received.
Here in this case it looks like they are trying to replace the board with three new directors. This would require I believe a majority of shareholders voting in favour of that spill. That would open all board positions to new nominations which shareholders would vote on.
Seems like they are kicking the tyres to see how many might support them in such a move to 1. Get a motion up to spill the board at the AGM and 2. How likely would the support be to get their nominated persons elected.
The three nominations put forward here add no value to existing shareholders.
It’s a futile attempt by KE, likely with the backing of Cong and possibly Zijin, to get some control of AVZ because they know all their current attempts have failed to steal Manono from AVZ and they are Fucked.

You need look no further than Amani Gold to see what KE is trying to do here.
KE was chairman. Put Huljich in as a puppet director. Cong was a major shareholder.
Armani sold major asset to Cong for peanuts, leaving Armani basically worthless.
Klaus and his mafia cohorts trying the same playbook here.

And then you have Leonard Math the former Cosec who was punted. Went onto work with KE at Okapi Minerals along with Sheena. Probably took a AVZ shareholder register with him and was reportedly contacting shareholders last few months to arrange off market buys on behalf of someone. FFS.

 

[Hodlandwin69]

I suspect that the address linked to that register is likely an investment property that this Nicholas Cole owns. I very highly doubt he lives there, smart move tbh.
It would take some balls to go knocking on that door though and just ask....

 

[Carlos Danger]

I suspect that the address linked to that register is likely an investment property that this Nicholas Cole owns. I very highly doubt he lives there, smart move tbh.
It would take some balls to go knocking on that door though and just ask....

Just remember, what you are seeing and what you are reading is not what's happening

 

[Hodlandwin69]

Just remember, what you are seeing and what you are reading is not what's happening
View attachment 43882

huh?

 

[Carlos Danger]

huh?

It's a Trump quote to troll those wanting to make Manono great again haha

My point was that the address is listed as the principal place of business not just a register address. Which is obviously bullshit.

 

[Hodlandwin69]

It's a Trump quote to troll those wanting to make Manono great again haha

My point was that the address is listed as the principal place of business not just a register address. Which is obviously bullshit.

Apologies for my ignorance

 

[cruiser51]

#DRC : #COMINIERE can sell part of its 25% to South Korea to generate around $250 million needed for the #Manono #Lithium project , with $ AVZ . Otherwise, the deposit north of Fungurume, and a 65% - 35% split would provide #COMINIERE with the necessary funds.

 

[tonster66]

You can nominate for an open board seat where a current director is retiring or nominating for re-election and so their position is open for shareholders to vote on. Last year the company gave notice of a board position being open to e nomination and only gave 5 days I think for nominations to be received.
Here in this case it looks like they are trying to replace the board with three new directors. This would require I believe a majority of shareholders voting in favour of that spill. That would open all board positions to new nominations which shareholders would vote on.
Seems like they are kicking the tyres to see how many might support them in such a move to 1. Get a motion up to spill the board at the AGM and 2. How likely would the support be to get their nominated persons elected.
The three nominations put forward here add no value to existing shareholders.
It’s a futile attempt by KE, likely with the backing of Cong and possibly Zijin, to get some control of AVZ because they know all their current attempts have failed to steal Manono from AVZ and they are Fucked.

Thanks Chilla

 

[DiscoDanNZ]

Love seeing the speed you guys can dissect bullshit like this.

Have we ever done any sampling for REE at Manono? Probably should, it seems to be a giant magnet for pieces of shit.

 

[Xerof]

So it looks like MATH and HULJICH couldn't even gather the 5% to call for an EGM, which was definitely plan A

Plan B is only going to harden shareholder resolve against these puppets who want to steal MANONO, and will fail miserably IMO, if it even gets on the agenda


4

 

[Doc]

So it looks like MATH and HULJICH couldn't even gather the 5% to call for an EGM, which was definitely plan A

Plan B is only going to harden shareholder resolve against these puppets who want to steal MANONO, and will fail miserably IMO, if it even gets on the agenda


4

4? Countdown still on? More news this week?
Don’t think my heart can handle it…..

 

[JasonM]

hopefully this new directors distraction goes away quickly. Cant help but think though its only come about due to the total silence from the board and the mushroom treatment of shareholders. Totally understand the need for discretion but its about time avz released more than what they have. If this latest move by the detractors helps force a little more disclosure from the bod, then I'll admit theres a part of me that would be glad.